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YGG SplinterlandsYGG Splinterlandsby0xD28317EE22e01d6D08225DFC7DC2B88F5978e6cE0xD283…e6cE

SPS Proposal - SPS.DAO should stake an additional 28,000,000 SPS

Voting ended about 3 years agoSucceeded

https://peakd.com/hive-13323/@genepoolchlrn8r/sps-proposal-spsdao-should-stake-an-additional-28000000-sps-for-a-total-of-30000000-sps

Proposal

This proposal is for the SPS.DAO account to stake an additional 28,000,000 SPS for a total of 30,000,000 staked.

Purpose

The SPS.DAO should start capturing a higher percentage of SPS staking yield in order to be in a better financial position to support the goals of the ecosystem going forward. Many of the SPS rewards pools are time limited, and once they run out, the SPS DAO will need to be self-sustaining to fund rewards into the future.

Additional proposals can and likely will be made for how to deploy the new staking funds captured by the DAO. While there are some ideas for illustrative purposes below, they may require more discussion and risk diluting this proposal and so are NOT included in the scope of this proposal.

Off-Chain Vote

FOR
43.49K YGGSPL100%
AGAINST
0 YGGSPL0%
ABSTAIN
0 YGGSPL0%
Download mobile app to vote

Timeline

Jan 19, 2023Proposal created
Jan 19, 2023Proposal vote started
Jan 22, 2023Proposal vote ended
Oct 26, 2023Proposal updated